CarGurus Inc (CARG) concluded trading on Thursday at a closing price of $29.72, with 2.38 million shares of worth about $70.72 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.03% during that period and on March 27, 2025 the price saw a loss of about -5.14%. Currently the company’s common shares owned by public are about 89.00M shares, out of which, 84.33M shares are available for trading.
Stock saw a price change of -0.50% in past 5 days and over the past one month there was a price change of -4.77%. Year-to-date (YTD), CARG shares are showing a performance of -18.66% which increased to 29.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.18 but also hit the highest price of $41.33 during that period. The average intraday trading volume for CarGurus Inc shares is 1.08 million. The stock is currently trading -4.29% below its 20-day simple moving average (SMA20), while that difference is down -15.27% for SMA50 and it goes to -6.03% lower than SMA200.
CarGurus Inc (NASDAQ: CARG) currently have 89.00M outstanding shares and institutions hold larger chunk of about 80.74% of that.
The stock has a current market capitalization of $3.10B and its 3Y-monthly beta is at 1.45. PE ratio of stock for trailing 12 months is 164.38, while it has posted earnings per share of $0.18 in the same period. Its PEG reads 10.64 and has Quick Ratio of 4.07 while making debt-to-equity ratio of 0.36. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CARG, volatility over the week remained 4.02% while standing at 4.01% over the month.
Stock’s fiscal year EPS is expected to rise by 11.14% while it is estimated to increase by 15.16% in next year. EPS is likely to grow at an annualized rate of 15.45% for next 5-years, compared to annual growth of -11.88% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on March 27, 2025 offering a Neutral rating for the stock and assigned a target price range of between $42 and $34 to it. Coverage by Needham stated CarGurus Inc (CARG) stock as a Buy in their note to investors on January 16, 2025, suggesting a price target of $45 for the stock. On June 07, 2024, JMP Securities Upgrade their recommendations, while on February 27, 2024, Needham Reiterated their ratings for the stock with a price target of $24. Stock get a Neutral rating from UBS on September 15, 2023.
